VS
When evaluating costs, FLSA features a management fee (MER) of 1.15%, compared to 0.55% for ZUT. Performance-wise, FLSA has returned 12.05% year-to-date with +$39 M in net flows, whereas ZUT is at 16.24% with -$70 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
FLSA
ZUT
| AuM | $279.24 M | $862.78 M |
| Management Fees | 1.15% | 0.55% |
| Exp. ratio | 1.46% | 0.61% |
| Tracking Difference | - | -0.73% |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FLSA | +3.66% | +4.82% | +12.05% | +14.40% | - |
ZUT | +3.85% | -4.33% | +16.24% | +9.35% | +69.53% | |
| Flows | FLSA | +$13 M | +$18 M | +$39 M | +$41 M | - |
ZUT | +$25 M | +$56 M | -$70 M | -$4 M | +$257 M |
FLSA vs ZUT exposure
Countries
FLSA
Exposure data will be available soon
ZUT
Canada
82.83%
Bermuda
17.17%
Sectors
FLSA
Exposure data will be available soon
ZUT
Utilities
82.26%
Energy
9.30%
Industrials
8.44%
As of October 16, 2026
Top 10 Holdings
FLSA
Exposure data will be available soon
ZUT
AltaGas Ltd.
9.30%
ATCO Ltd.
9.15%
Canadian Utilities Ltd.
8.78%
Brookfield Renewable Partners LP
8.73%
Capital Power Corp.
8.69%
Brookfield Infrastructure Partners LP
8.44%
Northland Power, Inc.
8.00%
TransAlta Corp.
7.98%
Emera, Inc.
7.97%
Fortis, Inc.
7.90%
Diversification
FLSA
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 12 total
84.93%
Characteristics
Compare
FLSA
ZUT
| Provider | Fidelity | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Utilities Total Return Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.00% | 2.85% |
| Meets ESG criteria | No | No |
| Inception Date | February 1, 2024 | January 19, 2010 |
Frequently asked questions about FLSA and ZUT
Which ETF has performed better year to date: FLSA or ZUT?
As of October 16, 2026, FLSA has returned 12.05% year to date, while ZUT has returned 16.24%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: FLSA or ZUT?
As of October 16, 2026, FLSA manages $279.24 M in assets, while ZUT manages $862.78 M. ZUT is the larger fund by AUM.
How are FLSA and ZUT managed?
FLSA is actively managed by Fidelity. It does not track an index. ZUT is passively managed by BMO. It tracks the Solactive Equal Weight Canada Utilities Total Return Index - CAD benchmark.
Which ETF is attracting more investor flows: FLSA or ZUT?
Year to date, FLSA has seen +$39.16 M in net flows, compared with -$69.96 M for ZUT. FLSA has attracted more net investor money so far.
How do the fees of FLSA and ZUT compare?
FLSA has an expense ratio of 1.46%, while ZUT has an expense ratio of 0.61%.
Recent articles about FLSA and ZUT
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